NOT LISTED FOR SALE

74355 Covered Wagon Trail Palm Desert, CA 92260

Estimated Value: $941,000 - $1,419,312

4 Beds
3 Baths
2,564 Sq Ft
$444/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $910,000 $355 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,209/month

131 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Palm Desert High School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of March 2024

Welcome to this contemporary oasis in the heart of South Palm Desert.This architecturally stunning home was originally built for the owners of The Washington Post. Backing up to The Vintage Club and located on one of the quietest streets in Palm Desert it has 3 spacious bedrooms, as well as a huge bonus room that could easily be a 4th bedroom. With 2,564 square feet of living space, this residence is a true gem.You will be captivated by the sleek lines and open concept design that epitomize the contemporary aesthetic. The high ceilings and expansive windows flood the interior with natural light, creating an inviting and airy atmosphere.The centerpiece of the living area is a striking fireplace, adding a touch of warmth and character to the space. Imagine cozying up here on cool evenings, surrounded by the timeless elegance of contemporary design.The modern kitchen is a culinary haven, featuring clean lines, minimalist cabinetry, and up graded appliances. The sleek countertops offer ample workspace for creating gourmet meals or hosting memorable gatherings with friends and loved ones. The outside is your private retreat, where your sparkling pool awaits. In addition, there is also an abundance of Solar to minimize utility cost.This home is in the much desired Washington Charter Elementary School District

Last Agent to Sell the Property

Deirdre Coit

Compass License #00956865 Listed on: 11/01/2023

Compass

Last Buyer's Agent

Nyla Patzner

Desert Sotheby's International Realty License #01903843

Desert Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,062

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Sprinklers on Timer

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,564 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Awning
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 2 Car Direct Access Garage
  • Circular Driveway

Pool

  • In Ground Pool
  • Outdoor Pool

Schools

  • Washington Charter Elementary School
  • Palm Desert High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 625265005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,062

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Entry Location: Living Room
  • List Price per Sq Ft: 349.06
  • Lp Sp Ratio: 1.0200
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1960
  • Listing I D: 219102334
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave Oven, Electric Oven, Disposal, Electric Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Open Floorplan
  • Fireplace Features: Wood
  • Flooring: Laminate
  • Bedroom Features: Main Floor Master Bedroom, Walk In Closet, Master Suite
  • Total Bedrooms: 4
  • Bathroom Features: Remodeled
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Kitchen Island
  • Kitchen Features: Quartz Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2564.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Hard Coat Stucco
  • Roofing: Shingle
  • Fencing: Block
  • Foundation: Slab
  • Patio: Awning(s)
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Circular Driveway, Driveway, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625265005
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 11326.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 21, 2024
Sold by
Powell Jimmie Allen
Bought by
Powell Shayna Gail
Seller's Agent
Deirdre Coit
Compass
Buyer's Agent
Nyla Patzner
Desert Sotheby's International Realty
List Price
$1,095,000
Sold Price
$910,000
Premium/Discount to List
-$185,000
-16.89%
Views
78
Current Estimated Value
$1,138,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,578
Avg. Annual Appreciation
16.01%
Original Mortgage
$181,090
Interest Rate
6.69%

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 15, 2024
Sold by
Powell Shayna Gail and Shaw Claudia Lynn
Bought by
Welch James Richard and Young Korie Ann
Seller's Agent
Deirdre Coit
Compass
Buyer's Agent
Nyla Patzner
Desert Sotheby's International Realty
List Price
$1,095,000
Sold Price
$910,000
Premium/Discount to List
-$185,000
-16.89%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,090
Interest Rate
6.69%

Purchase Details

Closed on
Aug 3, 2023
Sold by
Munson Revocable Living Trust
Bought by
Powell Shayna Gail and Shaw Claudia Lynn

Purchase Details

Closed on
May 18, 2000
Sold by
Munson Ivan B and Juneafred Munson R
Bought by
Munson Ivan B and Juneafred Munson R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Powell Shayna Gail -- Lawyers Title
Welch James Richard $910,000 Lawyers Title
Powell Shayna Gail -- None Listed On Document
Munson Ivan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch James Richard $348,000
Closed Welch James Richard $181,090
Open Welch James Richard $637,000
Previous Owner Munson Ivan B $161,250
Previous Owner Munson Ivan B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $910,000 +1.7% $355 / Sq Ft
02/09/2024 02/09/24 Price Changed $895,000 -10.1% $349 / Sq Ft
12/06/2023 12/06/23 Price Changed $995,000 -9.1% $388 / Sq Ft
11/01/2023 11/01/23 For Sale $1,095,000 -- $427 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,062 $643,573 $160,894 $482,679
2023 $12,062 $146,008 $13,109 $132,899
2022 $6,759 $143,146 $12,852 $130,294
2021 $6,661 $140,340 $12,600 $127,740
2020 $6,628 $138,902 $12,471 $126,431
2019 $4,937 $136,179 $12,227 $123,952
2018 $4,855 $109,000 $11,988 $97,012
2017 $4,831 $106,863 $11,753 $95,110
2016 $4,823 $104,769 $11,523 $93,246
2015 $4,812 $103,197 $11,350 $91,847
2014 $4,708 $101,178 $11,129 $90,049
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219102334

California Desert Association of REALTORS®

APN: 625-265-005